1301 NUECES ST TX 78701
| Owner | 1301 NUECES ST LLC |
|---|---|
| Parcel ID | 0210020710 |
| Short ID | 199731 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 5,516 SF |
| Land SF | 8,832 SF |
| Acres | 0.203 |
| Year Built | 1964 |
| Legal | LOT 1 BLOCK 155 ORIGINAL CITY |
| Neighborhood | 53CBD |
| Land | $2,649,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,649,600 |
| Improvement | $308,500 |
|---|---|
| Total Improvement | $308,500 |
| Market | $2,958,100 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,958,100 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,958,100 |
| Taxable Value | $2,958,100 |
|---|
Appreciation: Market value has risen +27.7% from $2,316,277 (2021) to $2,958,100 (2025), a CAGR of 6.3% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $60,537. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 90% of market value ($2,649,600 land vs $308,500 improvements), about $300/SF of land. With value concentrated in the land under a ~62-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $2,958,100, this parcel sits in the upper-middle (50th–75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +6.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,015,973 by 2030, with an estimated annual tax burden around $75,651. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 5,592 SF | ✗ |
| 1ST | 1st Floor | 2,758 SF | ✓ |
| 2ND | 2nd Floor | 2,758 SF | ✓ |
| 501 | CANOPY | 250 SF | ✗ |
| 611 | TERRACE | 120 SF | ✗ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
Market value changed by 86% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $27,368.34 | $27,368.34 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15,500.95 | $15,500.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,117.87 | $11,117.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,491.24 | $3,491.24 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,058.68 | $3,058.68 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $60,537.08 | $60,537.08 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,437,053 | $2,958,100 | -17.6% |
| Assessed Value | $2,437,053 | $2,958,100 | -17.6% |
| Land Value | $1,589,760 | $2,649,600 | -40.0% |
| Improvement Value | $847,293 | $308,500 | +174.6% |
| Taxable Value | $2,437,053 | $2,958,100 | -17.6% |
| Total Tax 2026 = estimate |
~$49,874
Estimated
|
~$60,537
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,067,783 | $2,437,053 | -630,730 (-20.6%) |
| Taxable Value | $3,067,783 | $2,437,053 | -630,730 (-20.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,437,053 | $1,589,760 | $847,293 | — | $2,437,053 | $2,437,053 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,958,100 | $2,649,600 | $308,500 | — | $2,958,100 | $2,958,100 | ~$60,537 | Partial |
| 2024 | $2,958,100 | — | — | −$308,500 | $2,649,600 | $— | $55,651 | Verified |
| 2023 | $2,477,300 | — | — | — | $2,649,600 ! | $— | $50,815 | Verified |
| 2022 | $2,500,000 | — | — | −$1,175,200 | $1,324,800 | $— | $48,925 | Verified |
| 2021 | $2,316,277 | — | — | −$991,477 | $1,324,800 | $— | $54,417 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.7% | +3.7% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -35.8% | -35.8% | ~100% | 1.8800% | Verified |
| 2023 | +86.0% ! | +86.0% | ~100% | 1.1000% | Verified |
| 2022 | -0.9% | -0.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.6% | +1.8% | +10.9% | +19.4% | 2024 | -17.6% | 2026 |
| Assessment Ratio | 100.0% | 84.5% | — | 107.0% | 2023 | 53.0% | 2022 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$60,537 | $54,069 | ~$69,373 | $60,537 | 2025 | $48,925 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,144,622 | ~$3,144,622 | ~2.0139% | ~$63,331 | +6.3% |
| 2027 | ~$3,342,905 | ~$3,342,905 | ~1.9814% | ~$66,236 | +13.0% |
| 2028 | ~$3,553,691 | ~$3,553,691 | ~1.9488% | ~$69,256 | +20.1% |
| 2029 | ~$3,777,767 | ~$3,777,767 | ~1.9163% | ~$72,393 | +27.7% |
| 2030 | ~$4,015,973 | ~$4,015,973 | ~1.8837% | ~$75,651 | +35.8% |
| 2026 | ~$3,085,460 | ~$3,085,460 | ~2.0465% | ~$63,143 | +4.3% |
| 2027 | ~$3,218,303 | ~$3,218,303 | ~2.0465% | ~$65,862 | +8.8% |
| 2028 | ~$3,356,866 | ~$3,356,866 | ~2.0465% | ~$68,698 | +13.5% |
| 2029 | ~$3,501,395 | ~$3,501,395 | ~2.0465% | ~$71,656 | +18.4% |
| 2030 | ~$3,652,146 | ~$3,652,146 | ~2.0465% | ~$74,741 | +23.5% |
| 2026 | ~$3,203,784 | ~$3,203,784 | ~1.9977% | ~$64,001 | +8.3% |
| 2027 | ~$3,469,873 | ~$3,469,873 | ~1.9488% | ~$67,622 | +17.3% |
| 2028 | ~$3,758,062 | ~$3,758,062 | ~1.9000% | ~$71,404 | +27.0% |
| 2029 | ~$4,070,187 | ~$4,070,187 | ~1.8512% | ~$75,347 | +37.6% |
| 2030 | ~$4,408,235 | ~$4,408,235 | ~1.8024% | ~$79,453 | +49.0% |
In 2025, this property's market value of $2,958,100 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +109% above the county median of $1,417,484. Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $2,958,100 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,958,100 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,477,300 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,500,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,316,277 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | base yr |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.